All the Gold ever extracted is 160,000 tons (in 2009) , The American Debt = 14 Trillion Dollars = 1.8 All the Gold ever extracted in Human History !!! The monetary mass in the US is increasing by 15% a year ! Total gold divided by people in the world gives each of us 23 grams
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Showing posts with label Platinum. Show all posts
Showing posts with label Platinum. Show all posts

Wednesday, July 6, 2011

Bullish on Gold & Platinum

Gold will probably trade higher from here as the central banks still buying Gold and the global economic situation has not improved that much says Tim Harvey, Sr. VP of ETF Securities, the unrest in Greece and southern Europe affects the price of Gold hugely in its store value as an inflation hedge and other factors why people invest in Gold , the supply of Gold is health there is no squeeze in supply says Tim Harvey but still with Gold we see more buyers coming in like China a huge net buyers of Gold as well as a huge miner of Gold





Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Tuesday, February 15, 2011

Platinum slides into deficit

Creamer Media's Shannon de Ryhove speaks to Mining Weekly editor Martin Creamer about platinum's slide into deficit.

Saturday, November 20, 2010

Platinum and Palladium Rally and the automotive Industry

Analysis and Discussion with Rob Kurzatkowski of OptionsXpress Holdings (Bloomberg News) , the automotive Industry

Wednesday, November 17, 2010

Platinum price may peak at $1 900/oz in next six months - Johnson Matthey

The platinum price may peak at $1 900/oz in the next six months, says Johnson Matthey principal analyst Alison Cowley, whose top-of-the range forecast for palladium is $850/oz.

Thursday, July 15, 2010

Platinum group metals benefiting from growing orders

Platinum group metals are benefiting from growing orders and tighter auto emission legislation, says Brenton Saunders, director of Taurus Funds Management. He talks to CNBC's Oriel Morrison and Adam Bakhtiar.

Wednesday, June 16, 2010

Gold vs Platinum and Palladium

Buy Gold Cautiously, Do not forget Platinum and Palladium Says Analyst 6/14/10




Not Just Gold that Glitters
RBC Capital Markets' George Gero on why gold is not the only metal play for your portfolio.

Wednesday, March 31, 2010

Friday, March 12, 2010

Why Platinum bullion is a Great investment

South Africa Is All About Platinum Bullion, Not Football...

South Africa is the main world producer of Platinum , a precious metal that is suffering from severe shortage in the market because there are no new mines discovered , not to mention that platinum is a useful industrial metal ,


Tuesday, February 9, 2010

Why Platinum is a Better Investment Than Gold

Brenton Saunders, director at Taurus Funds Management Bullish on Platinum

Place your bets on platinum, says Brenton Saunders, director at Taurus Funds Management. He tells CNBC\'s Oriel Morrison why he is upbeat on the commodity.












Wednesday, January 20, 2010

Platinum Better than Gold , Platinum Prices Could Rise 30%

Investors should ditch gold for platinum as the industrial metal has the potential to rise 30% from current levels, Chris Zwermann from Zwermann Financial told CNBC Wednesday. Zwermann also takes a technical look at the SMI, DAX and euro versus Australian dollar












Friday, January 15, 2010

Popular Platinum and Palladium ETFs

NEW YORK (TheStreet) - Will Rhind, head of U.S. operations at ETF Securities, say investor demand is soaring for the first U.S. physically backed platinum and palladium ETFs as traders look for riskier allocations in the precious metals market.

Friday, June 19, 2009

How High Gold can go ?

Gold Gains on Weak Dollar , Silver Declines, Platinum Advances :
today Gold rose in New York as the dollar weakened, boosting demand for precious metals as hedge against Inflation . Gold rose to $935.25 in the afternoon still not reaching the $1,032.70 record of March 2008. Gold typically moves inversely to the U.S. dollar so expectations for the dollar of a strengthening dollar in the coming weeks are likely to cap gains in Gold. Silver fell to $14.20 an ounce in New York , Platinum rose to $246.15 an ounce , Palladium gained 1 percent to a record 319,451 ounces yesterday,













Monday, June 15, 2009

Gold Low Silver Stable as Dollar Advances

Gold is in a Downward Trend to the lowest in more than three weeks as a rallying dollar eroded interest in the precious metal as a haven investment. Silver has got a little bit more upside $14.63 an ounce, still the lowest since May 27.
The Dollar Index, advanced for a second day after Russia’s Finance Minister Alexei Kudrin and before him the Japanese Finance minister declared the nation has full confidence in the U.S.Dollar.Among other precious metals The Platinum slid 1 percent at $1,242.50 an ounce and Palladium was down 1.2 percent at $250.50 an ounce so far ..











Thursday, June 11, 2009

Platinum and Palladium Rally

precious metal market outlook Platinum and Palladium continue to rise partially thanks to GM banckruptcy these metals are mainly used in polution control in car industry Analysis and Discussion with Rob Kurzatkowski of OptionsXpress Holdings (Bloomberg News)


Tuesday, June 9, 2009

Commodities market is about to explode Gold, Silver and Oil prices shoting to the roof

The commodities market is about to Explode Oil, copper, platinum, gold, silver and now it looks like Natural Gas is going to be joining the party , lead the gains demand is increasing fueled by massive purchases from china which is apparently eager to dump its massive dollar reserves into the commodities market . Prices have risen in the commodities index by 13% in May, biggest monthly gain in 34 years while Crude oil continues to push to new month highs

Thursday, June 4, 2009

Gold Jumps Platinum Surges Silver flies Dollar slides Inflation to the roof

Gold Jumps on Dollar Slide, Inflation Concern; Platinum Surges

By Halia Pavliva

June 4 (Bloomberg) -- Gold prices rose on speculation that the slumping dollar will spur inflation, boosting the appeal of precious metals as a hedge. Platinum surged more than $55 an ounce to the highest since September.

In May, the dollar fell 6.4 percent against a basket of major currencies, the biggest drop in 24 years. The greenback resumed its decline today, sending commodities higher. The Reuters/Jefferies CRB Index of 19 raw materials rose as much as 2.1 percent.

“Gold is rising on demand for a safe harbor,” said Philip Gotthelf, the president of Equidex Brokerage Group in Closter, New Jersey. “We still have considerable uncertainty about the dollar.”

Gold futures for August delivery rose $16.70, or 1.7 percent, to $982.30 an ounce on the Comex division of the New York Mercantile Exchange. Yesterday, the price reached $992.10, the highest for a most-active contract since Feb. 24.

Platinum futures for July delivery jumped $48.80, or 3.9 percent, to $1,293.30 an ounce on the Nymex. Earlier, the price reached $1,301.90, the highest since Sept. 9.

Platinum climbed for the seventh straight session, the longest rally since January. Holdings in ETF Securities Ltd.’s exchange-traded fund backed by the metal have jumped 74 percent this year.

Silver futures for July delivery gained 58.5 cents, or 3.8 percent, to $15.895 an ounce on the Comex.

This year, silver has jumped 41 percent, platinum is up 37 percent and gold has gained 11 percent.

‘Fears of Inflation’

Read entire article

Wednesday, May 27, 2009

Pervan Says Silver, Palladium, Platinum `Look Cheap'

Pervan Says Silver, Palladium, Platinum `Look Cheap'







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